Calamos Announces Upside Cap Rates with Defined Downside Protection for Bitcoin Protection ETFs

CITY CHICAGO, Ill., Oct. 7, 2025/ PRNewswire/– Calamos Investments LLC (” Calamos”), a leading options supervisor, today revealed the benefit cap rates for the launch of the Calamos Bitcoin Structured Alt Security ETF ®– October (CBOO), Calamos Bitcoin 90 Series Structured Alt Security ETF ®– October (CBXO) and Calamos Bitcoin 80 Series Structured Alt Security ETF ®– October (CBTO), offering direct exposure to Bitcoin with specified drawback defense over a 1 year result duration, before costs and expenditures. Following their launch, the other day, October 8, the fund’s preliminary cap rates were figured out as follows:

• Calamos Bitcoin Structured Alt Security ETF ®– October (CBOO) with 100% drawback defense and a preliminary cap rate of 8.47%
• Calamos Bitcoin 90 Series Structured Alt Security ETF ®– October (CBXO) with 90% drawback defense and a preliminary cap rate of 23.43%
• Calamos Bitcoin 80 Series Structured Alt Security ETF ®– October (CBTO) with 80% drawback defense and a preliminary cap rate of 41.62%

By using 100%, 90% and 80% drawback defense levels, Calamos is bridging the space in between conventional financing and digital possessions, permitting financiers to take part in bitcoin‘s capacity while keeping specified threat criteria.

The ETFs will be handled by Co-CIO Eli Pars and the Alternatives Group and started trading on October 8, 2025

Structured Security ETFs ® reset every year, using financiers a brand-new benefit cap with revitalized defense versus unfavorable returns of the standard over the subsequent 12-month duration. If shares are held longer than one year, they can provide substantial tax alpha as possible gains will grow tax-deferred at long-lasting capital gains rates and can be held forever.

Calamos’ Structured Security ETF suite is the most detailed of its kind, using monetary consultants and financiers month-to-month entry indicate capital-protected development techniques with direct exposure to leading United States equity standards and Bitcoin over 1 year result durations. Find out more about the complete suite of Calamos Structured Security ETFs ® and Calamos Protected Bitcoin ETFs.

About Calamos
Calamos Investments is a varied international financial investment company using ingenious financial investment techniques, consisting of options, multi-asset, convertible, set earnings, personal credit, equity, and sustainable equity. With more than $ 45 billion in AUM, consisting of more than $ 20 billion in liquid options possessions since September 30, 2025, the company provides techniques through ETFs, shared funds, closed-end funds, interval funds, UCITS funds and individually handled portfolios. Customers consist of monetary consultants, wealth management platforms, pension funds, structures & & endowments, and people, internationally. Headquartered in the Chicago city, the company likewise has workplaces in New York City, San Francisco, Milwaukee, Portland ( Oregon), and the Miami location. To learn more, visit us on LinkedIn, on Twitter (Calamos), on Instagram (@calamos_investments), or at www.calamos.com.

Before investing, thoroughly think about the Fund’s financial investment goals, dangers, charges and expenditures. Please see the prospectus and summary prospectus including this and other info which can be gotten by calling 1-866-363-9219. Read it thoroughly before investing.

A financial investment in the Fund goes through dangers, and you might lose cash on your financial investment in the Fund. There can be no guarantee that the Fund will accomplish its financial investment goal. Your financial investment in the Fund is not a deposit in a bank and is not guaranteed or ensured by the Federal Deposit Insurance Coverage Corporation (FDIC) or any other federal government company. The dangers connected with a financial investment in the Fund can increase throughout times of substantial market volatility. The Fund likewise has particular primary dangers, which are explained listed below. More in-depth info relating to these dangers can be discovered in the Fund’s prospectus.

Investing includes dangers. Loss of principal is possible The Fund( s) deal with various market trading dangers, consisting of licensed involvement concentration threat, underlying ETP threat, cap modification threat, capital defense threat, topped upside threat, money holdings threat, concentration threat, clearing member default threat, connection threat, expenses of purchasing and offering fund shares, counterparty threat, derivatives threat, equity securities threat, FLEX choices threat, rates of interest threat, financial investment in a subsidiary, financial investment timing threat, liquidity threat, management threat, market maker threat, market threat, brand-new fund threat, non-diversification threat, choices threat, OTC choices threat, position limitations threat, premium-discount threat, secondary market trading threat, sector threat, tax threat, trading concerns threat, U.S. Federal government security threat, U.S. Treasury threat, and appraisal threat. For a breakdown of fund dangers see the prospectus.

The Target Result might not be accomplished, and financiers might lose some or all of their cash. The Fund is created to accomplish the Target Result just if a financier purchases on the very first day of the Result Duration and holds the Fund up until completion of the Result Duration. While the Fund looks for to supply 100% defense versus losses experienced by the cost of Area bitcoin for investors who hold Fund Shares for a whole Result Duration, there is no assurance it will effectively do so. If the Fund’s NAV has actually increased substantially, an investor that buys Fund Shares after the very first day of a Result Duration might lose their whole financial investment. A financial investment in the Fund is just proper for investors ready to bear those losses. There is no assurance the Capital Security and Cap will achieve success and an investor investing at the start of a Result Duration might likewise lose their whole financial investment.

The Fund looks for to supply financial investment results that, before taking costs and expenditures into account, track the favorable cost return of the CME CF Bitcoin Recommendation Rate – New York City Alternative (” BRRNY”) (” Area bitcoin“) as much as an established benefit cap (the “Cap”) while looking for to secure versus 100% of losses (before costs and expenditures) of (i) Area bitcoin or (ii) several of the Hidden ETPs and/or Bitcoin Indexes, in each case, over a duration of roughly one (1) year (the “Result Duration”). The Fund will not invest straight in bitcoin Rather, the Fund looks for to supply financial investment results that, before taking costs and expenditures into account, track the favorable cost return of Area bitcoin by buying choices that reference the cost efficiency of either (i) several underlying exchange-traded items (” Hidden ETPs”) which, in turn, own bitcoin or (ii) several indexes that are created to track the cost of bitcoin (“ Bitcoin Index”).

Digital Assets Threat: The bitcoin network was very first released in 2009 and bitcoins were the very first cryptographic digital possessions developed to get international adoption and emergency. Although the bitcoin network is the most recognized digital property network, the bitcoin network and other cryptographic and algorithmic procedures governing the issuance of digital possessions represent a brand-new and quickly developing market that goes through a range of elements that are challenging to assess. Additionally, due to the fact that digital possessions, consisting of bitcoin, have actually remained in presence for a brief amount of time and are continuing to establish, there might be extra dangers in the future that are difficult to forecast since the date of this prospectus. Digital possessions represent a brand-new and quickly developing market, and the worth of the Hidden ETPs’ shares depends upon the approval of bitcoin The awareness of several of the following dangers might materially negatively impact the worth of the Hidden ETPs’ shares.

The fund’s expenditure ratio since the prospectus dated 4/7/2025 is 0.69%.

Cap Rate — Optimum portion return a financier can accomplish from a financial investment in the Fund if held over the Result Duration.

Security Level– Quantity of defense the Fund is created to accomplish over the Days Staying.

Result Duration– The specified length of time over which the results are looked for.

Calamos Financial Solutions LLC, Supplier

© 2025 Calamos Investments LLC. All Rights Scheduled. Calamos ® and Calamos Investments ® are signed up hallmarks of Calamos Investments LLC.

SOURCE Calamos Investments